Summer Suites, Menara Solaris

Summer Suites (also known as Mercu Summer Suites) is a leasehold SOHO building located in Menara Solaris, KLCC. There are 403 units available at this project with built-up from 454 sf to 1,348 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price at around RM700 psf, and was completed in about 2015.

UEM Sunrise Bhd (fka Sunrise) is a very large-sized real estate company listed on KLSE, and it has constructed around 69 real estate projects in Malaysia. Other similar projects by the same developer are Menara Solaris and Summer VOS.

Property Type
SOHO
Land Tenure
Leasehold
Built-up
454 sf - 1,348 sf
Market Price
RM420,000 - RM810,000
Density
403 Units
Completed In
2015
Launch Price
About RM700 psf

This SOHO building has many amenities nearby, for example universities, transit stations, hospitals and schools. The following are some main universities here:

As for transit stations, there are LRT Dang Wangi, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital, Mont Kiara Medical Centre and Twin Towers Medical Centre.

Lastly, the schools here are SMK Convent Bukit Nanas and Sekolah Antarabangsa Sayfol.

The current rental yield of Summer Suites is around 4.74%, compared to 3.45% a year ago in Q3 2021. The highest rental yield ever recorded was 5.47% in Q3 2016; while the lowest one was 3.03% in Q2 2022. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Summer Suites is Studio / 493 sf with a median price of RM850 psf. For price wise, the most expensive one is 2-bedroom / 713 sf with a median price of RM1,050 psf; while the cheapest one is 2-bedroom / 1,348 sf with a median price of RM590 psf.

Latest Summer Suites for sale listings:

DateTypeBuilt-upPrice
TodayStudio492 sfRM410,000
19 Sep 2022Office614 sfRM515,000
15 Sep 2022Office484 sfRM380,000
23 Aug 2022Commercial495 sfRM417,000
22 Aug 2022Shop-Office710 sfRM570,000
22 Aug 2022Office495 sfRM415,000
17 Aug 2022Condominium576 sfRM635,000
16 Jun 2022Office480 sfRM369,000
17 May 2022Office480 sfRM410,000
12 May 2022Office480 sfRM410,000

Latest Summer Suites for rent listings:

DateTypeBuilt-upRental
TodayCommercial1,200 sfRM500
16 Aug 2022Room-NA-RM730
15 Jan 2022Condominium500 sfRM1,600
5 Jan 2022Studio500 sfRM1,800
31 Dec 2021Studio495 sfRM1,700
4 Jan 2022Studio493 sfRM1,500
4 Jan 2022Condominium495 sfRM2,000
31 Dec 2021Studio500 sfRM1,550
29 Dec 2021Master Room-NA-RM1,200
29 Dec 2021Condominium1,130 sfRM3,800
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